RIVER BREEZE, ORCHARD CLOSE, COLYFORD, COLYTON, EX24 6QH - £450,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

RIVER BREEZE is a small detached house of 117m², built sometime between 1967 and 1975, which could now be worth an estimated £524,953. It was last sold for £450,000 in October 2020, which was around 3% below the average October 2020 detached price in the East Devon local authority area. The most recent EPC inspection was May 2020, where the current energy rating was D, and the potential energy rating was B.

RIVER BREEZE Sold Prices

Land registry data shows three sales for RIVER BREEZE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. Two of the three RIVER BREEZE sales were for below the average price, whilst one was for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 13 OCT	£450,000	£462,834	3% below HPI
2010 26 MAR	£381,950	£337,756	13% above HPI
2006 30 NOV	£305,050	£318,379	4% below HPI

RIVER BREEZE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Devon local authority area over time, sourced from the HPI. The three RIVER BREEZE sales between November 2006 and October 2020 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the March 2010 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the October 2020 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might RIVER BREEZE be worth now?

RIVER BREEZE might now be worth an estimated £524,953.

This is based on house price inflation of 16.7%, between October 2020 and February 2025, for detached houses, in the East Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.7% inflationary increase is applied to the most recent sale price for RIVER BREEZE of £450,000 on 13th October 2020. For the value to have increased from £450,000 to £524,953 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of RIVER BREEZE has moved in line with the HPI for detached houses in the East Devon local authority area.
• The October 2020 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of RIVER BREEZE has not materially changed since October 2020.

How Large is RIVER BREEZE?

RIVER BREEZE is 117m² according to the EPC inspection conducted in May 2020. This puts it in the smallest 40% of detached houses houses in Colyford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Colyford, and where RIVER BREEZE lies on this distribution: 40% of detached houses houses are smaller than RIVER BREEZE, and 59% of houses are larger. Note that EPC data is not available for all properties in Colyford.

RIVER BREEZE: Plot and Title Map

RIVER BREEZE sits on a plot of roughly 0.158 of an acre, or 641m². The below map shows the location of RIVER BREEZE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of RIVER BREEZE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is RIVER BREEZE?

RIVER BREEZE is located on ORCHARD CLOSE in COLYFORD, in the EX24 postcode district. The below map shows the position of RIVER BREEZE on ORCHARD CLOSE.